Avalanche to Raise $100M to Buy AVAX Tokens; LINK and Sui Enter Whales’ Radars

Avalanche Secures $100M for Token Buyback: Avalanche’s $100 million funding initiative signals strong network confidence and potential liquidity reinforcement for AVAX’s market stability.

Chainlink Draws Whale Accumulation Interest: LINK’s tight trading range reflects accumulation trends, as large holders show renewed activity around key price levels near $21.50.

Uniswap Builds Quiet Strength in Consolidation: UNI maintains balanced market conditions with subtle accumulation near support, hinting at an upcoming technical breakout above $7.75.

The crypto market maintained a steady tone as Avalanche, Chainlink, and Uniswap traded within narrow price ranges on Phemex. Each token displayed early-session strength followed by mild pullbacks, suggesting consolidation after a brief period of momentum. Market participants monitored activity across these assets amid low volatility and balanced liquidity conditions.

The overall sentiment remained stable as macro uncertainty and subdued trading volume limited broader directional movement. Altcoins continued to adjust to short-term technical patterns shaped by moving averages and oscillator readings. However, renewed whale attention around select tokens hinted at potential activity shifts in the near term.

With Avalanche preparing to raise $100 million for AVAX purchases, confidence in ecosystem expansion appeared to grow. Meanwhile, Chainlink and Sui gained traction among large holders, signaling renewed interest in data-focused and DeFi-oriented tokens.

Avalanche (AVAX)

Avalanche traded near $27.87, reflecting a marginal intraday decline of 0.04%. The token earlier touched $28.60 before retracing, indicating profit realization after brief gains. Moving averages between $27.84 and $27.96 formed a short-term resistance zone restricting upside momentum.

Source:phemex.com

The Awesome Oscillator remained weak, while Aroon readings suggested lingering bullish presence with declining strength. Technical readings pointed to possible consolidation near $27.50, where accumulation could occur if buying resumes. The planned $100 million AVAX buyback reinforced the network’s liquidity strategy and ecosystem commitment.

Overall, AVAX maintained stability despite moderate price swings. Market expectations favored steady support formation around key price levels. The funding move strengthened Avalanche’s outlook amid controlled trading activity.

Chainlink (LINK)

Chainlink traded at $21.56, marking a slight 0.05% decline after earlier fluctuations between $21.40 and $21.80. Its 7-, 14-, and 30-period moving averages aligned closely, indicating neutral short-term momentum. The token hovered within a tight range as technical indicators suggested equilibrium.

Source:phemex.com

The Awesome Oscillator stayed flat, reflecting low market energy and minimal directional bias. Aroon values of 78.57% Up and 57.14% Down confirmed a partial recovery attempt without firm follow-through. LINK remained steady as whale accumulation patterns drew attention across major exchanges.

LINK’s consolidation phase reflected balanced trading behavior. Analysts observed that sustained volume above $21.80 could trigger renewed strength. Conversely, a drop below $21.40 might extend mild downside pressure.

Uniswap (UNI)

Uniswap remained near $7.71, gaining 0.04% amid muted intraday volatility. Price action formed a flat curve between $7.65 and $7.85, suggesting stable market positioning. The short-term moving averages converged tightly, reinforcing a neutral stance in the 5-minute chart.

Source:phemex.com

Momentum readings from the AO indicated subdued movement, with alternating red and green bars highlighting indecision. Aroon Up stood at 71.43%, while Aroon Down was 0%, implying mild bullish potential. The token continued its sideways pattern as liquidity conditions balanced out.

UNI’s structure hinted at gradual accumulation near lower support levels. A breakout beyond $7.75 could signal renewed buying pressure. Despite limited volatility, Uniswap retained a steady outlook driven by consistent on-chain activity.